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Listing ID202312044
Price$1,249,500$46K
StatusPending
Bedrooms13
Total Baths10
Full Baths10
Acres 0.140
CountyAlbany
Year Built1929
Property TypeMulti Family
Property Sub TypeMulti Family
This two building (287 Myrtle & 34-36 Sparkill Ave ) 10-unit portfolio offers a great opportunity for investors. These units are all in excellent condition, most with new appliances, renovated bathrooms and kitchens. Most units have hardwood floors with the majority having been recently refinished. The buildings are well maintained and offer a secure and high quality living environment. Most units have new windows for heat efficiency, Brand new laundry with 2 new coin operated machines in each building. Excellent long-term tenants and great location walkable to hospitals and schools. Nothing left to do here but collect rent and enjoy an 8.8% cap rate which is almost unheard of in this market.

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Contact - Listing ID 202312044


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Orson Klender

10 Licardo Ln
Saratoga Springs, NY 12866
Phone Alt: 518-588-2319
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Saratoga Real Estate Associates, LLC

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